In accounting, the term translation refers to Select one: a. The calculation of gains or losses from hedging transactions b. The calculation of exchange rate gains or losses on individual transactions in foreign currencies c. The procedure required to identify a company's functional currency d. The calculation of unrecognized gains or losses from all transactions for the year e. A procedure to convert a foreign subsidiary's financial statements into USD Foreign Currency Transaction Appreciates Depreciates Type of Exposure Asset (Receivable) Export Sale ???? ???? Fill in the question marks with either gain or loss when the foreign currency appreciates or depreciates during an export sale. Foreign Currency ansaction Type of Exposure Appreciates Depreciates port Purchase Liability (payable) ???? ???? in the question marks with either gain or loss when the foreign currency appreciates or preciates during an import purchase